Hive to Expand Bitcoin Mining Power With $60M Purchase
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The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network’s total hashrate. Competition Among Miners Intensifies as Bitcoin Inches Towards $100K Canadian-based Bitcoin mining firm Hive Digital Technologies (Nasdaq: HIVE) has purchased 13,480 mining units from Chinese-based manufacturer Bitmain with an option to purchase 13,480 […]

Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme Fraud
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David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight years in prison, respectively, for defrauding thousands of investors. Icomtech falsely marketed itself as a crypto trading and mining company, promising guaranteed daily returns. Victims, lured by flashy events and promises of wealth, invested through […]

Coinbase Integrates Apple Pay for Seamless Fiat to Crypto Transactions
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Coinbase’s integration of Apple Pay marks another significant step forward in the global adoption of cryptocurrency. New Payment Feature for Coinbase Users Coinbase has announced the addition of a new feature to its Onramp app services with the integration of Apple Pay for fiat-to-crypto transactions. This development is poised to make purchasing cryptocurrencies even more […]

China Stands Firm With BRICS Amid US Tariff Threats
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China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties and aims to foster global economic stability and shared prosperity. Lin noted that emerging markets, including BRICS […]

XRP’s Wild Ride: 354% Gains in 3 Months Despite Recent Dip
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On Tuesday, Dec. 3, XRP, the native crypto asset of the XRP Ledger (XRPL), is priced at $2.54 per coin, reflecting a 4.9% drop over the past day. Despite this dip, XRP has shown an impressive performance, gaining 81% this week and soaring 354.62% over the past three months. XRP’s Return to Crypto’s Top 3: […]

Economist Warns Trump’s BRICS Tariff Threats Could Backfire on US Dollar
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Donald Trump’s threats of 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar, an economist warns. Trump’s BRICS Tariffs: Economist Predicts a Backlash Against the US Dollar French economist Jacques Sapir has weighed in on U.S. President-elect Donald Trump’s threats to impose 100% tariffs […]

XRP on Fire: Falconx Reports Explosive 10x Growth in Trading
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XRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid, global head of revenue and business at Falconx, stated: “XRP trading is on fire. We’ve seen 10x growth in volume at Falconx between the first and second halves […]